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Fulfilling the economic and social promise of East Africa depends on the effectiveness of stakeholders to work together to develop the continent’s huge energy capacity. Securing the necessary finance needed to fund the required overhaul of the energy network is paramount. (World Bank estimates $43bn needs spending annually for the next decade).
Financing models underpinning project development are changing rapidly. Private investors are now playing an increasingly significant role in providing funding for critical power projects (as policymakers seek innovative ways to reduce capital expenditure pressure on already stretched public accounts).
The choice of Rwanda (Kigali) as the location for this event is particularly appropriate given the country’s successful implementation of an infra-related public/private partnership (Kigali Bulk Water Supply Project), one of the first in sub-Saharan Africa.
Key areas to be addressed include:
https://www.openafricabusiness.com/financing-east-africas-energy-plans/